BFL gets a unified HR solution with TCS CHROMA™
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TCS CHROMA™
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TCS CHROMA™: A Cloud-based Talent Management Solution
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Highlights
- The legacy systems at Bajaj Finance Ltd., offered limited self-service, leading to higher turnaround time for processes across employee life cycle events - from hire to separation.
- BFL transforms its HR and talent management function with TCS CHROMA - TCS’ HR and talent management solution.
- With unified and digitized processes, BFL now offers superior employee experience.
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Challenge
Legacy HR systems hamper productivity and employee experience
HR and talent management functions at Bajaj Finance Limited (BFL) were managed through a host of legacy and standalone systems. The systems offered limited self-service, leading to higher turnaround time for processes across employee life cycle events from hire to separation, such as claims processing. Disparate processes hindered timely availability of accurate employee information. Information silos restricted access to business insights such as the nature of claims and expenses. BFL needed a solution that can unify processes for greater agility while ensuring superior employee experience.
Solution
BFL transforms HR function to be scalable and agile with TCS CHROMA
BFL was looking to transform HR and talent management processes by bringing in next-generation employee experience. Driven by a need to harness talent, they selected CHROMA, TCS’ HR and talent management solution on the cloud, for unifying and digitizing end-to-end processes on a single platform, including recruitment, onboarding, organization and people management, leave management, competency, career, performance, business expenses, and payroll. The solution enabled BFL to closely align HR policies with business priorities. It empowered employees with valuable insights, through embedded reporting, enriching the decision-making process. Process digitization, such as shortlisting of resumes for job applications, digitization of letters for employee life-cycle events, and online expense claims, created a consistent HR-services experience for the employees. TCS’ integrated HR and talent management platform ensured enterprise-wide visibility into the talent base. TCS’ cloud-based, modular, and scalable solution, with a single point of accountability, simplified the digital HR transformation for BFL.
Benefits
With real-time insights, BFL offers superior employee experience
BFL transformed HR and talent management on cloud with TCS CHROMA. Unified and digitized processes with real-time insights helped BFL drive agility, scale, and compliance. Superior employee experience with self-service has resulted in a greater value.
Swipe LeftSwipe RightWe have unified and digitized HCM processes on cloud with TCS CHROMA
Anupam Sirbhaiya
Chief of Human Resources & Administration, Bajaj Finance Limited
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